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China Oil Product Retail Adjustment by NDRC on April 10th

According to National Development and Reform Commission, on April 10th (24:00) the gasoline and diesel prices were lifted by CNY120/mt and CNY115/mt respectively, so the average retail price

4-24-2015 18:02:41

Limited capacity pushed up glycol and PTA prices

On April 21st, an explosion occurred in Yangtze Petrochemical, Nanjing. Related units have shut down.

4-24-2015 18:02:06

Coal sector expected to recover with overcapacity being alleviated

The coal industry looks to blossom in the long run before going through a tortuous route.

4-24-2015 17:15:49

Feed gas shipment to Shandong increased in the first half of April

With continued increase of crude price since April, domestic oil products prices moved up. Downstream expects a higher price resulting in a good transaction sentiment. But local feed gas res

4-24-2015 16:46:48

DME market in predicament

Price difference between DME and LPG narrowed from the past few years. So it is harder for DME sellers to make profit, followed by a low production rate. Still improvement of price is hard t

4-24-2015 16:45:07

Residential LPG transaction to remain at a low level

Based on the big fall of crude price, the higher temperature in south China and incoming imported coastal cargoes, domestic LPG prices seem to turn weak in a short term. Though refineries in

4-24-2015 16:18:20

Longmei Mining Group shuts 8 mines as loss woes

Heilongjiang Longmei Mining Holding Group Co., Ltd (Longmei Mining Group) plans to shut down eight coal mines and cut 50% jobs, owing to huge losses and resource exhaustion, the company said

4-24-2015 14:54:28

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